Compensation
Compensation
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A majority of companies worldwide say they are becoming more knowledgeable about the use of social media tools to connect with and keep their workforces informed. In fact, more than two-thirds of companies surveyed by global professional services company Towers Watson plan to increase their use of social media tools over the next 12 months, though many question their cost effectiveness. The biannual study also found that companies with the best communication programs enhance the communication skills of their leaders and managers, and continuously evaluate performance.
November 17 -
The House Ways and Means Oversight Subcommittee held a hearing to discuss the relative unpopularity of the Small Business Health Tax Credit that is part of the health care reform law.
November 16 -
The nonprofit Center for Health Value Innovation released the initial results of employers completing the Health Value Accelerator finding that over 20 cents out of every dollar of revenue are going toward health care costs that are under-managed.
November 16 -
As employer-provided benefits continue to become a bigger portion of labor costs, organizations are increasing employee cost sharing as well as providing employee health education, wellness initiatives and financial education/advice. According to the Employee Benefits Accountability and Consumerism 2011 survey by WorldatWork, 45% of surveyed organizations report that turning employees into educated consumers of benefits is a very high priority for their organization's top management with more senior leaders now acting as advocates.
November 16 -
In today's BeAdvised, we turn to a former contributor of our sister publication, Employee Benefit News, Karrie Andes. Today, she's writing on two topics that never run short on blogworthy material: Form 5500 and the IRS. Enjoy, and be sure to share your thoughts.
November 16 -
Only 4% of plan sponsors have established goals to engage workers younger than 35 in their defined contribution plans, even though they know the younger generation's participation and contribution rates lag their older colleagues, a survey by Greenwich Associates for Northern Trust finds.
November 15 -
Many small business owners in the United States are reluctant to hire more employees in the near term as economic uncertainty and sagging sales continue to put pressure on company balance sheets, the latest index on small business optimism from the National Federation of Independent Business shows.
November 15 -
The percentage of Americans who have health insurance through their employer slipped to a new low of 44.5% in the third quarter, a drop of over 5 percentage points in three years, according to a poll released last week.
November 15 -
Are you providing a helpful owners manual with your CDHP plans? In todays BeAdvised Helen Box-Farnen shares why ongoing education for participants just may increase the value of this plan.
November 15 -
For most employers, annual enrollment for this year is in the rear-view mirror. That means that you’re done with the emails, the newsletter, the guide, the meetings, the reminder postcard, the online enrollment system, and other communications, right? Not if you’ve implemented a new Consumer Driven Health Plan. Not if you want to avoid disruption from confused employees who are using a CDHP for the first time. Not if you want your employees to get the
November 15 -
A national coalition of pharmacists and pharmacy owners announced last week a public information campaign to expose the unjustifiably high prices of prescription drugs set by pharmacy benefit managers, the unregulated, multibillion dollar industry that controls prescription health plans for more than 200 million Americans.
November 14 -
A series of interactive computer exercises designed to encourage healthy eating and physical activity didn't help keep middle school students from gaining extra weight, according to a study in the Netherlands.
November 14 -
Employee engagement worldwide remains at its lowest level since 2008, according to a recent Aon Hewitt report, with the largest drop in engagement being employees perception of how companies manage performance.
November 14 -
The percentage of Americans who have health insurance through their employer slipped to a new low of 44.5% in the third quarter, a drop of over 5 percentage points in three years, according to a poll released on Friday.
November 14 -
Employers and employees alike have found a more affordable health care option in health savings accounts, according to two national surveys released last week.
November 14 -
Millennials are by far the most confident about their ability to make the right benefit decisions, with 96% feeling highly confident versus 66% of Gen Xers and 64% of baby boomers, according to a recent survey conducted by The Guardian Life Insurance Company of America. However, nearly 80% of employees spend less than two hours evaluating their group medical, dental, life and disability insurance options and those same Millennials are in danger of being uninsured, according to the survey.
November 14 -
Harassment training? If you read the title of this blog out loud and heard groans from other people in your office, I understand. In fact, when I have done harassment training for clients, I have heard every complaint and bad joke about harassment training there is. Harassment training is one of those dreaded exercises by employees and management alike. Indeed, harassment training has become comedy fodder for many a tv sitcom. My personal favorite is still
November 11 -
A new survey of small and mid-sized employers finds that two out of three plan sponsors believe the current 401(k) system is effective in helping employees achieve adequate retirement savings, despite recent reports that show employees are often ill-prepared for retirement and not saving enough.
November 10 -
How do we continue to satisfy the benefits needs of employees and meet our business objectives? The answer is actually right in front of us explains Tinker Kelly in todays BeAdvised.
November 10 -
States and territories seeking to establish a health insurance exchange, funded under the Affordable Care Act, will be required to submit an application for approval during the fall of 2012, the Department of Health and Human Services has announced.
November 9